Funding you earn now, next payment 08:00 UTC−0.0650%/8h= −71.2% APRnext payment −$3.25 per $10,000 · paid last 24h −0.184%
Price spread now: MEXC against KuCoin+0.239%7-day average +0.136% · you sell dearer than you buy
Net, funding: paid 7d − costs−$330as in the Funding arb table
Net, price: spread back to 7d avg − costs−$233as in the Price arb table
costs, in and out, $10k−$2432.432% of the position
Funding, last 7 days−0.871%−$87 on $10k
+Price spread, last 7 days−0.224%−$22 · spread now +0.239%, 7d avg +0.136%
=The price spread pays, funding is against you. MEXC is 0.103% dearer against KuCoin than usual: you sell high and buy low (spread +0.239% now, against its 7-day average of +0.136%): +$10 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin RAVEUSDTM | 0.2009 | 0.1548 | pay 0.0774% / 4h | 3h 47m | $2.2M | $8.0M | 20x |
| Short | MEXC RAVE_USDT | 0.2014 | 0.0898 | get 0.0449% / 4h | 3h 47m | $2.4M | $512K | 50x |
KuCoin RAVEUSDTM
MEXC RAVE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$136.5
- Price spread: +0.239% → +0.136%
- $10.27
- Slippage, 4 orders
- −$231.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$369.41
- Costs to cover
- 2.432%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; MEXC: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 1 min ago | 8.94 bp | 74.9 bp −$75 | 5149.9 bp −$51.5K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.48 bp | 11.5 bp −$12 | 86.8 bp −$868 | 287.9 bp −$28.8K | doesn't fit |
RAVE on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit RAVEUSDT | +0.0100% | 4h | 0.2010 | +0.035% | $2.4M | $944K | 25x | as long as short |
| Bitget RAVEUSDT | +0.0100% | 4h | 0.2020 | +0.538% | $2.9M | $846K | 20x | as long as short |
| SunX RAVE-USDT | +0.0100% | 4h | 0.2012 | +0.134% | $1K | $797K | 20x | as long as short |
| HTX RAVE-USDT | +0.0100% | 4h | 0.2011 | +0.114% | $44K | $34K | 20x | as long as short |
| Variational Omni RAVE | +0.0561% | 4h | 0.2009 | −0.003% | $2K | $1K | — | as long as short |
| Binance RAVEUSDT | +0.0893% | 4h | 0.2016 | +0.338% | $4.5M | $3.9M | 20x | as long as short |
| MEXC RAVE_USDTshort | +0.0898% | 4h | 0.2014 | +0.239% | $2.4M | $512K | 50x | |
| BloFin RAVE-USDT | +0.0953% | 4h | 0.2013 | +0.189% | $245K | $18K | 20x | as long as short |
| Gate RAVE_USDT | +0.1176% | 4h | 0.2011 | +0.090% | $1.0M | $528K | 25x | as long as short |
| BingX RAVE-USDT | +0.1290% | 4h | 0.2017 | +0.388% | — | $2.3M | — | as long as short |
Bybit RAVEUSDT
Bitget RAVEUSDT
SunX RAVE-USDT
HTX RAVE-USDT
Variational Omni RAVE
Binance RAVEUSDT
BloFin RAVE-USDT
Gate RAVE_USDT
BingX RAVE-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX RAVE-USDT-SWAP | +0.1348% | 4h | 0.2017 | +0.388% | $1.6M | $3.1M | 20x | as long as short |
| KuCoin RAVEUSDTMlong | +0.1548% | 4h | 0.2009 | long leg | $2.2M | $8.0M | 20x | |
| Aster RAVEUSDT | +0.1557% | 4h | 0.2016 | +0.315% | $26K | $45K | 5x | as long as short |
OKX RAVE-USDT-SWAP
Aster RAVEUSDT